Capital Bancorp, Inc., Delhi, Louisiana -- waiver of application to acquire Evergreen Bancshares, Inc., Crossett, Arkansas, and First State Bank, in connection with First State Bank's merger with and into Commercial Capital Bank, Delhi.
-
Granted,
February 9, 2018

General Counsel

CB Financial Services, Inc., Carmichaels, Pennsylvania -- waiver of application to acquire First West Virginia Bancorp, Inc., Wheeling, West Virginia, and Progressive Bank, National Association, in connection with Progressive Bank's merger with and into Community Bank, Carmichaels.
-
Granted,
January 25, 2018

General Counsel

MidTown Financial Ltd. (MidTown), Oklahoma -- waiver of application to acquire First State Bank (First State), Waynoka, in connection with (1) a change in control of First State from the shareholders of Waynoka Bancshares, Inc., Waynoka, to the shareholders of MidTown and (2) Midtown's merger with and into First State.
-
Granted,
January 23, 2018

Commerce Bancorp, Inc., Greenwood, Mississippi -- waiver of application to acquire Tallahatchie Holding Company, Charleston, and Tallahatchie County Bank, in connection with Tallahatchie County Bank's merger with and into Bank of Commerce, Greenwood.
-
Granted,
January 19, 2018

General Counsel

The First Bancshares, Inc., Hattiesburg, Mississippi -- waiver of application to acquire Sunshine Financial Inc., Tallahassee, Florida, and Sunshine Community Bank, in connection with Sunshine Community Bank's merger with and into The First, A National Banking Association, Hattiesburg.
-
Granted,
January 19, 2018

South Atlantic Bancshares, Inc., Myrtle Beach, South Carolina -- waiver of application to acquire Atlantic Bancshares, Inc., Bluffton, and Atlantic Community Bank, in connection with Atlantic Community Bank's merger with and into South Atlantic Bank, Myrtle Beach.
-
Granted,
January 9, 2018

The Royal Bank of Scotland Group, plc, Edinburgh, Scotland; The Royal Bank of Scotland plc and its branches in New York and Connecticut; and The Royal Bank of Scotland N.V., Amsterdam, The Netherlands, and its branches in New York and Illinois -- cease-and-desist order dated July 26, 2011, terminated March 6, 2018.
-
Announced,
March 8, 2018

U.S. Bancorp, Minneapolis, Minnesota, and USB Americas Holdings Company -- issuance of a consent cease-and-desist and order of assessment of a civil money penalty.
-
Approved,
February 9, 2018

Barclays Bank PLC (Barclays), New York Branch, New York, New York -- issuance of a notice of intent to prohibit and notice of assessment of a civil money penalty against Peter Little, a former institution-affiliated party of the New York Branch of Barclays.
-
Approved,
February 9, 2018

Wells Fargo & Company, San Francisco, California -- consent cease-and-desist order against Wells Fargo & Company for unsafe or unsound practices related to the firm's governance and risk management that led to violations of law, and associated letters.
-
Approved,
February 2, 2018

J.P. Morgan Securities (Asia Pacific) Limited, Hong Kong, China -- determination denying the request by Fang Fang, a former institution-affiliated party, for interlocutory review of an order issued by the administrative law judge in connection with an enforcement matter.
-
Approved,
January 29, 2018

Putnam County Bank, Hurricane, West Virginia -- issuance of a cease-and-desist order and assessment of a civil money penalty upon the consent of Jeffrey R. Davis, a former institution-affiliated party.
-
Announced,
January 25, 2018

Goldman Sachs Bank USA, New York, New York -- issuance of a consent order of assessment of a civil money penalty.
-
Announced,
January 12, 2018

Mega International Commercial Bank Co., Ltd., Taipei, Taiwan -- issuance of a consent cease-and-desist order and assessment of a civil money penalty against Mega International Commercial Bank Co. and its New York, Chicago, and San Jose branches based on deficiencies in compliance with Bank Secrecy Act and anti-money-laundering laws.
-
Approved,
January 12, 2018

Enforcement Action -- determination denying the motion by Christopher Ashton, a former institution-affiliated party of Barclays Bank PLC, to vacate, void, and dismiss the Board's final decision, notice of assessment, and order of prohibition against him.
-
Approved,
January 11, 2018

Barclays PLC, London, England, and Barclays Bank PLC -- commenter's request to extend the comment period on the application to retain Barclays US Holdings Limited, New York, New York, on its becoming a bank holding company by acquiring Barclays US LLC, New York, and thereby indirectly acquiring Barclays Bank Delaware, Wilmington, Delaware.
-
Denied,
February 26, 2018

Forms -- final Board review to complete the transition of the Federal Reserve's Annual Company-Run Stress Test Report for State Member Banks, Bank Holding Companies, and Savings and Loan Holding Companies with Total Consolidated Assets Greater Than $10 Billion and Less Than $50 Billion (FR Y-16) to a Federal Financial Institutions Examination Council reporting form (FFIEC 016).
-
Approved,
February 9, 2018

Forms -- final Board review to extend without revision the Recordkeeping Requirements Associated with the Real Estate Lending Standards Regulation for State Member Banks (Reg H-5).
-
Approved,
January 17, 2018

Forms -- final Board review to extend without revision the Reporting, Recordkeeping, and Disclosure Requirements Associated with the Guidance on Response Programs for Unauthorized Access to Customer Information (FR 4100).
-
Approved,
January 17, 2018

Rules Regarding Delegation of Authority -- final rule to delegate to the Secretary of the Board the authority to determine an appeal of denial of access to Board records under the Freedom of Information Act and the Privacy Act.
-
Approved,
February 27, 2018

Regulation J (Collection of Checks and Other Items by Federal Reserve Banks and Funds Transfers Through Fedwire) -- publication for comment of proposed amendments (1) intended to align the rights and obligations of parties, including the Federal Reserve Banks, with the Board's 2017 amendments to Regulation CC (Availability of Funds and Collection of Checks), which reflected the evolution to the current virtually all-electronic check collection system; and (2) to clarify and simplify Regulation J and remove obsolete provisions.
-
Approved,
February 26, 2018

Disaster-Related CRA Consideration -- interagency statement granting favorable consideration under Community Reinvestment Act regulations to financial institutions outside of the U.S. Virgin Islands or Puerto Rico for activities to help revitalize or stabilize these areas.
-
Announced,
January 25, 2018

Regulation KK (Swaps Margin and Swaps Push-Out) -- publication for comment of interagency amendments that would (1) conform the definition of "Eligible Master Netting Agreement" in the swap margin rule to restrictions adopted in final rules on certain qualified financial contracts of systemically important banking organizations (QFC Rules) and (2) ensure that any legacy swap would not become subject to the swap margin rule if it is amended solely to comply with one of the QFC Rules.
-
Approved,
January 23, 2018

Supervisory Guidance for Large Financial Institutions -- publication for comment of proposed guidance describing core principles of effective senior management, the management of business lines, and independent risk management and controls for large financial institutions.
-
Approved,
January 1, 2018

Monetary Policy -- statement by Chairman Powell before the House Committee on Financial Services on February 27 and the Senate Committee on Banking, Housing, and Urban Affairs on March 1, 2018, on the semiannual monetary policy report to the Congress.
-
Published,
February 27, 2018

Union Savings and Loan Association (Union), New Orleans, Louisiana -- waiver of application to acquire Hibernia Bancorp, Inc., New Orleans, and Hibernia Bank, in connection with Hibernia Bank's merger with and into Union.
-
Granted,
February 23, 2018

Wawel Financial Services, MHC, Garfield, New Jersey -- (1) to dispose of its subsidiary, Wawel Bank, Garfield, pursuant to a merger agreement with Spencer Savings Bank, Elmwood Park, and to dissolve following the disposition of Wawel Bank; and (2) for the Board to delegate authority to the Reserve Banks to approve future dissolution requests from mutual holding companies.
-
Approved,
January 24, 2018

General Counsel

State Farm Mutual Automobile Insurance Company, Bloomington, Illinois -- request for an exemption to permit an individual to become an institution-affiliated party.
-
Granted,
January 8, 2018

Deutsche Bank AG, Frankfurt, Germany -- requests (1) to establish a second intermediate holding company to hold its U.S. asset management business and (2) for extensions of time for certain regulatory reporting requirements.
-
Approved,
February 13, 2018